Category: Business

Information regarding the business sector

Blue Sol projects to double sales of photovoltaic systems in 2021

Blue Sol Energia Solar, a company created in 2009 that develops projects, installs photovoltaic systems and trains professionals for the market, foresees strong expansion this year. The company’s business has attracted EDP Brasil, which in March acquired a 40% stake in the company. Regarding photovoltaic systems of distributed generation, the company plans more than 240 new franchises by the end of the year.

Source: Energia Hoje

Itapemirim starts flights under market uncertainty

Among a turbulent judicial recovery process and the biggest crisis in the history of aviation, the Itapemirim group, of road transport, started a series of technical flights to be able to operate an airline. The birth of the area company, however, occurs under mistrust from the market. Besides facing a judicial recovery since 2016 – whose execution is the target of questioning.

Source: Isto É

CCR consortium wins auction for CPTM lines, with offer of $175 mm

The consortium Via Mobilidade, led by CCR, won the auction for the concession of lines 8-Diamante and 9-Esmeralda lines of the Metropolitan Trains Company of São Paulo (CPTM), with an offer of R$ 980 million ($175 mm), a premium of about 202% on the minimum value. The concession and foresees investments of R$3.35 billion ($600 mm) over the 30-year contract, of which R$2.6 billion ($463 mm) in the first six years.

Source: 6 Minutos

Agricultural entrepreneurs are responsible for 25% of Brazil’s agribusiness

Agribusiness is responsible for 21.1% of Brazil’s GDP, that is, more than a fifth of everything generated in the country comes from agriculture. And of this total, around 25% comes from family agriculture, that is, 5% of the Brazilian GDP comes from the properties of small rural entrepreneurs. These were some of the figures released by the National Secretary of Family Agriculture and Cooperativism.

Source: Portal do Agronegocio

Minerva plans to zero carbon emissions by 2035

Minerva Foods, South America’s largest beef exporter, announced Thursday that it intends to zero net carbon emissions by 2035 thanks to initiatives that should require investments of R$1.5 billion ($264 mm). The goal is more ambitious than the one announced three weeks ago by JBS, which wants to zero net emissions by 2040, and also of Marfrig, which aims the same by 2050.

Source: Valor International

Fiscal deterioration may pull GDP down in 2022, XP says

Despite the impasse over the 2021 budget and the disturbances in the public accounts, the current approach of the economic policy should be maintained. The brokerage house sees the country going into recession in 2022, in case the most pessimistic hypothesis comes true. While the GDP should grow 3.2% this year and 1.8% next year in the baseline scenario, in the pessimistic alternative, growth would be 2.8% in 2021, followed by a 1.1% drop in the GDP in 2022.

Source: Valor International

States allocate $300mm to help small companies

States have been resorting to their own funds to fill the gap created by the lack of a formal proposal from the federal government to reissue aid programs for micro and small businesses. In the absence of programs such as BEm and Pronampe to alleviate the effects of the pandemic, state governments are offering extraordinary lines of credit or emergency aid. At least 15 have already offered or announced some kind of relief measure, totalling R$1.7 billion ($300 mm).

Source: Valor International